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Ricoh announces the PENTAX 17 compact film camera

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With a retro-inspired design and half-frame photo format, the PENTAX 17 is the perfect camera for first-time film photographers who want to share their images on social media

PARSIPPANY, N.J., June 17, 2024 /PRNewswire/ — Ricoh Imaging Americas Corporation today announced the highly anticipated PENTAX 17 compact film camera. The PENTAX 17 is a half-frame camera, capturing two 17mm x 24mm pictures within a single 35mm-format (36mm x 24mm) film frame. It produces vertical-format pictures, with similar ratios to those captured by smartphones, for seamless sharing on social media after the film is developed and scans are produced by a film lab.

The popularity of film cameras has grown rapidly in recent years — especially among young photographers — because of the distinctive, somewhat nostalgic experience provided that is so different from using digital cameras. The compound annual growth rate (CAGR) for the global film camera market is projected to be 5.2% through 2030 and a quick search of the hashtag #filmphotography on Instagram pulls up more than 42.6 million posts.

Borne out of the PENTAX Film Camera Project, a concept first announced in December of 2022, the new camera resulted from a close collaboration between Ricoh Imaging and PENTAX experts and younger engineers. The experts shared their vast knowledge and decades of experience in film and imaging technology with the current team members to design a film camera that would allow photographers to express their originality and creativity by leaving some room for manual operation, rather than making it a fully automatic camera.

| Design merges manual operation and ease of use for maximum creative expression |
The design of the PENTAX 17 was inspired by the PENTAX brand’s heritage, incorporating manual operations unique to film photography that are gaining a loyal following in today’s digital world. This includes a selectable zone-focus system, manual film winding, manual film advance lever, and exposure compensation and ISO sensitivity adjustments, each with their own dials. The classic design of the camera body was developed with high-quality materials; the top and bottom covers are made of solid, lightweight magnesium alloy and the 40.5mm filter mounting thread enables the use of a range of filters.

The PENTAX 17 features a newly-developed 25mm F3.5 lens (equivalent to a 37mm lens in the 35mm format). Further building on the PENTAX brand heritage, the lens is based on optics incorporated in the acclaimed PENTAX Espio Mini — which was marketed in 1994 —redesigned to support the half-frame format. The lens is treated with HD (High Definition) coating to optimize the clarity and sharpness of the half-frame photos. In a nod to Ricoh’s rich history in optics and photography, the designers based the lens design on the lens in the RICOH Auto Half – a best-selling half-frame model first marketed in 1962 – incorporating the angle of view and focal length to make casual, everyday picture-taking simple and flawless.

The camera’s zone-focus system is divided into six focus zones that can be selected on the zone focusing ring to capture subjects at a long distance or as close-up as 25 centimeters away in the macro zone. Its bright optical viewfinder features a bright, Albada-type frame finder to facilitate framing a scene as well as a close-up visual field compensation frame to help users more easily compose close-up images. The zone focus marks can be seen directly through the viewfinder to further support composition.

The PENTAX 17 has seven shooting modes to accommodate different applications and scenarios. It automatically adjusts exposure settings based on lighting data collected by its metering sensor. In addition to the Full Auto mode in which all exposure settings are selected by the camera, it provides six other shooting modes including: Slow-speed sync, which is useful in twilight photography; and Bulb, a long-exposure mode useful for photographing nightscapes and fireworks.

The camera supports a wide selection of ISO film speeds and features a note holder on the back cover where the end of the film package can be inserted for at-a-glance confirmation of the film in use, three strap lugs to accommodate both horizontal and vertical suspensions, and compatibility with the optional CS-205 Cable Switch for use in extended-exposure photography in Bulb mode.  

| Industry support for PENTAX 17 |
“Film photography has been growing in popularity over the past decade and especially recently! The new PENTAX 17 film camera is going to kickstart an entirely new generation of film shooters,” said Philip Steblay, Cofounder of The Darkroom, an online film developing service. “This terrific new camera will add to the great pleasure and enjoyment of shooting film. The PENTAX analog functionality, film selection process and thinking more carefully about your shots will enhance the fun of photography. This, coupled with the anticipation that comes with waiting for your images to process, adds to the joy of photography. With new cameras and film coming to market the future of film photography looks bright.”

“The PENTAX 17 is a stunning camera, both in form and function,” said Kyle Depew, founder, Brooklyn Film Camera. “Its design is handsome and classic, yet it features elements that are delightfully unique and innovative. It’s amazing to see modern PENTAX engineering applied towards a new film camera. We couldn’t be more delighted.”

“The film photography community is vibrant and growing, and we are thrilled to see Ricoh Imaging recognizing this and creating new products for this market,” said Meredith Reinker, managing partner, Roberts Distributors LP. “Film photography has been growing in popularity over the last several years and supporting this community is supporting a growing industry as well as supporting the arts. We are honored to be partnering with Ricoh to make this camera available through our distribution channel of independent, local and analog-focused businesses. We look forward to watching the analog community embrace this exciting announcement as we all have a shared goal of keeping film photography alive and accessible.”

“This camera has been a reminder to have fun and not take things too seriously,” said Matt Day, photographer. “It’s fun to shoot with, it’s compact enough to carry anywhere, and double the amount of exposures makes it easier to shoot more.”

“Many photographers were first introduced to the joys of photography using a PENTAX film camera. We’re hoping to introduce a new generation to the world of film photography with the PENTAX 17,” said Ken Curry, president, Ricoh Imaging Americas. “It is an ideal model not only for film camera enthusiasts who have enjoyed film photography for years, but also for photographers who are excited about trying film photography for the first time.”

| Pricing and Availability |
The PENTAX 17 will be available late June at www.us.ricoh-imaging.com as well as at Ricoh Imaging-authorized retail outlets nationwide for a manufacturer’s suggested retail price of $499.95.

| About Ricoh Imaging Americas Corporation |
Ricoh Imaging Americas Corporation is a subsidiary of Ricoh Company Ltd., a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Company Ltd. is part of Ricoh Group, which operates in about 200 countries and regions.

The company operating now as Ricoh Company Ltd. was originally founded in 1919, under the name Asahi Optical Joint Stock Co. and launched its first SLR camera in the 1950s under the PENTAX name. Today, the company continues to produce the heritage-rich, award-winning line of PENTAX DSLR cameras, lenses and sport optics equipment as well as Ricoh’s offering of stylish and compact digital cameras, known for their wide-ranging, rich set of features.

For further information, please visit www.us.ricoh-imaging.com

© 2024 Ricoh Imaging Americas Corporation. All rights reserved. All referenced product names are the trademarks of their respective companies.

For More Information, Contact:
Stephannie Depa
Breakaway Communications for Ricoh Imaging
+1 530-864-0136 – mobile
sdepa@breakawaycom.com

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SOURCE Ricoh Imaging Americas Corporation

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KitKat® becomes the Official Chocolate Bar of Formula 1®

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VEVEY, Switzerland, Nov. 11, 2024 /PRNewswire/ — Nestlé and Formula 1® (F1®) are thrilled to announce a landmark partnership, making KitKat the Official Chocolate Bar of Formula 1. This multi-year collaboration is Nestlé’s largest global brand partnership to date, signaling a major step for the chocolate maker and for one of consumers’ favorite chocolate bar brands.

Introducing breaks to the fastest sport on Earth

Bringing its iconic “Have a Break, Have a KitKat®” message to the high-speed world of Formula 1, KitKat will champion the importance of taking a moment to pause.

A season full of breaks and surprises

The collaboration will officially launch during the 2025 season, marking the 90th anniversary of KitKat and the 75th anniversary of Formula 1. It will then expand across the world throughout 2026.  F1 enthusiasts can look forward to consumer activations, promotional prizes and immersive fan zones at select Grands Prix, with trackside branding, and cheerful, light-hearted content.

Uniting two global icons for a shared experience

This partnership unites two large global fanbases in an innovative way that blends the thrill of motorsport with the renowned sense of humor of KitKat and tradition of sharing breaks.

“Formula 1 is a global phenomenon with a rapidly growing, diverse fanbase, especially among younger audiences,” said Bernard Meunier, Head of Strategic Business Units and Marketing and Sales at Nestlé. “With its global reach and packed schedule, F1 offers KitKat the perfect platform to remind everyone to make time for a break. We’re excited to bring our signature sense of fun to this thrilling sport and to create memorable experiences for fans around the world.”

Emily Prazer, Chief Commercial Officer at Formula 1, said: “We’re delighted to have such a universally recognised and fun brand as KitKat joining us as a partner. They’re universally loved and we can’t wait to see the fantastic experiences they’ll be bringing to our fans at the track and the new audiences they’ll introduce to the sport.”

What’s next?

Stay tuned for more details, as KitKat and Formula 1 embark on this exciting journey together.

For more information, please visit www.kitkat.com/formula1

 

   

SOURCE KitKat

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SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance with Nationwide Intelligent Platform

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NEW YORK, Nov. 11, 2024 /PRNewswire/ — SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, has entered into a strategic partnership with Wuhan JIDU Automobile Service Co. LTD. (“Wuhan JIDU”), to provide its cutting-edge insurance technology platform to auto buyers and customers across China. This partnership represents a major step in enhancing the digital insurance experience for Wuhan JIDU’s expanding customer base.

Wuhan JIDU, a key player in the intelligent vehicle industry, is the groundbreaking joint venture between Baidu and Geely. JIDU Auto is at the forefront of developing intelligent electric vehicles (EVs), focusing on AI-driven autonomous technology. With this collaboration, Wuhan JIDU will leverage SunCar’s cloud-based intelligent insurance platform (the “Platform”) to deliver efficient, fully digital insurance services, cementing its position in the evolving smart mobility landscape.

The nationwide rollout of SunCar’s intelligent insurance platform will provide Wuhan JIDU’s customers with an all-in-one solution for managing their auto insurance needs. The Platform offers instant online quoting, underwriting, electronic policy issuance, and claims management powered by big data and AI. It connects Wuhan JIDU with leading insurance providers and intermediaries, ensuring customers receive tailored insurance services efficiently and effortlessly.

“We are proud to collaborate with Wuhan JIDU, a visionary in the intelligent EV industry, to bring our advanced insurance technology platform to their nationwide customer base,” said Ye Zaichang, Chairman and CEO of SunCar Technology Group Inc. “This partnership goes beyond providing a service—it represents a shared vision to redefine the auto insurance experience in China. By combining our expertise in cloud-based, AI-powered insurance solutions with Wuhan JIDU’s forward-thinking approach to electric and autonomous vehicles, we are creating a comprehensive, digital-first insurance ecosystem that aligns perfectly with the needs of today’s tech-savvy consumers.”

“This collaboration not only enhances the value Wuhan JIDU delivers to its customers but also demonstrates the scalability and versatility of our Platform. We are committed to supporting Wuhan JIDU as it continues its rapid growth, offering seamless, intelligent services to auto buyers nationwide. Our goal is to ensure that every customer enjoys the convenience and efficiency of our digital Platform, setting a new benchmark for customer experience in the automotive and insurance industries. As we look ahead, we believe this partnership will serve as a model for future collaborations and industry-wide transformation,” concluded Mr. Ye.

About SunCar Technology Group Inc.

Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. The Company’s intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

Contact Information:

SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com 

U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

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SOURCE SunCar Technology Group Inc.

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Echo360 Appoints Marquess Lewis as Chief Technology Officer

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Technology leader joins company at time of increasing Echosystem™ Learning Transformation Platform™ adoption and growth.

NEW YORK, Nov. 11, 2024 /PRNewswire/ — Echo360, the leading global provider of SaaS authoring, video, engagement, and assessment solutions enabling transformative learning outcomes for education and business, has announced Marquess Lewis as Chief Technology Officer (CTO). A technology leader in education and business markets, Lewis brings proven experience and innovation in strategic digital transformations and AI, data architecture, engineering execution, and operating secure infrastructures to Echo360’s 2000+ global education and business customers.

Lewis joins Echo360 from Scholastic, where he served as Head of Education Engineering. Prior to Scholastic, Lewis led technology systems architecture, security, cloud operations, and digital transformation efforts for leading edtech, corporate learning, and digital content providers such as Pearson, Unicon Inc., and Starz.

“Marquess deeply resonates with Echo360’s operational DNA and customer-first, high-performing, innovative, and collaborative culture,” said Murad Velani, Echo360 President and CEO. “His proven track record of architecting and delivering innovative, scalable, and secure technology solutions across education and business markets around the world will accelerate this compelling period of growth for Echo360.”

Lewis joins the company on the heels of recently launching its Echosystem™ Learning Transformation Platform™; an interoperable, modular suite of learning solutions that delivers dynamic creation, engagement, and assessment of education and training at scale.

Added Velani, “Marquess’s highly collaborative approach to working with product development, engineering teams, and customers around the world will amplify the transformative learning experiences and outcomes of the Echosystem™, delivering the highest standards of interoperability, modularity, and accessibility.”

About Echo360
Echo360 is the global edtech leader vitalizing transformative learning experiences for education and business through the Echosystem™: the world’s first and only Learning Transformation Platform™ (LTP™) that delivers dynamic creation, engagement, and assessment of education and training at scale for over 2 million learners, instructors, trainers, and frontline workers across the Americas, EMEA, and APAC regions of the world.

Built for the cloud and comprised of innovative authoring (EchoInk™), video (EchoVideo™), engagement (EchoEngage™), and assessment (EchoExam™) solutions, the Echosystem™ is an interoperable, modular, end-to-end suite of industry-defining solutions grounded in principles of equity, engagement, and evidence for everyone, anywhere to create, record, deliver and consume content, give and receive feedback, and gain real-time insights along their transformative learning journey. Echo360 Transforming Learning. For more information visit www.echo360.com.

CONTACT INFORMATION:
Jeff Peterson
Echo360
612.859.0488
386085@email4pr.com

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SOURCE ECHO360

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